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Lake county general fund had the following disbursements during the year Payment of amount to debt service fund $300,000 Payments to vendors $400,000 Purchase of
Lake county general fund had the following disbursements during the year
Payment of amount to debt service fund $300,000
Payments to vendors $400,000
Purchase of computers $200,000
What amount should Lake County report as expenditures in its governmental funds statement of revenues, expenditures, and change in fund balances:
a.
$900,000
b.
$400,000
c.
$700,000
d.
$200,000
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